50 Cent Making Less Than A Grand A Month Off G-Unit Bankruptcy Docs Reveals
fifty Cent is making less than a m dollars a calendar month off his label Grand-Unit but he is still signing new artists.
The New York rapper'southward bankruptcy docs accept been made public and gives us more insight into his finances. Equally office of his $23 million payment plan to his debtors over five years, l Cent had to make available his income and expenses. TMZ published his November banking company statement which shows that he made $769.34 off his label 1000-Unit of measurement Records.
Despite making such pocket-sized corporeality of cash from the label, 50 Cent is still signing new artists including Kidd Kidd who is most to drop his debut project "Peanut From Mazant." The characterization also recently signed Uncle Murda and has a agglomeration of other artists still signed. In fact l is making way more money from royalties than he is making from K-Unit. Over the calendar month he made $33,361.02 from music royalty from his former music. 50 Cent remained one of the virtually commercially successful rap artists to date in terms of album sales.
The rap mogul as well made $sixteen.68 off an appearance in the "Simpsons" back in season sixteen in 2005. His expenses is significantly higher than his income with $113,103.56 leaving his account for child back up, car note payments and mortgage. His baby mama Daphne Joy is getting $1,267 monthly for their son and his longtime baby mama Shaniqua Tompkins is getting $seven,497 monthly.
Source: https://urbanislandz.com/2017/01/12/50-cent-money-gunit-bankruptcy/
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